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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: robbie who wrote (19682)	3/5/1998 3:54:00 PM
From: John Koligman	Read Replies (1) \| Respond to of 97611

Anyone think we are getting close to a selling climax (I know, dumb question!)? Volume today will be close to 50 million shares, looks like 27 may hold. At this rate we turn all the float over in less than 30 days of trading.... John

To: robbie who wrote (19682)	3/5/1998 3:58:00 PM
From: Satyr	Read Replies (1) \| Respond to of 97611

A lot less rich than you were a few days ago. Look just because I saw it going down doesn't mean I'm a bear on CPQ long term. I bought it at 32 and 31 1/4 and got out at 29 1/2 and took my loss when it closed below the 200 day ma. Now when it does bottom I'll be ready to buy more. You want to wait and hold all the more power to you but don't get your pom poms in a flurry if someone else points out what's obvious. CPQ's technical position is very weak and it's fundamental position is now questionable. I'd rather keep my money out waiting to reinvest than watch 25% of it melt away.